[Form 4] Southside Bancshares, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Garrett John Robert, identified as a director and Chairman of the Board of Southside Bancshares, Inc. (SBSI), reported a non-derivative transaction on 09/04/2025 that increased his beneficial ownership to 25,650 shares of common stock. The Form 4 records a Code A acquisition of 15 dividend-equivalent rights related to restricted stock units, received at a $0 price; the filing explains these rights were paid as a cash dividend on RSUs and are subject to the RSU terms. The form was signed on 09/08/2025 by an attorney-in-fact, Lindsey Bibby Bailes.

Positive

• Insider ownership increased to 25,650 shares, aligning executive and shareholder interests
• Transaction arose from RSU dividend equivalents, indicating compensation-related mechanics rather than opportunistic trading
• No cash paid ($0) for the dividend-equivalent rights, consistent with typical equity award distributions

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Insider receipt of dividend-equivalent rights on RSUs modestly increases reported ownership and reflects routine compensation mechanics.

The Form 4 shows a routine acquisition of dividend-equivalent rights tied to RSUs rather than an open-market purchase. Such dividend equivalents are common for executives and are typically governed by existing equity award terms, so this transaction does not indicate a change in compensation policy or a new equity program. The increase to 25,650 shares of beneficial ownership is likely the mechanical result of dividend processing rather than a deliberate accumulation strategy.

Securities Analyst

TL;DR: Transaction is small and non-cash, increasing reported holdings but unlikely to be materially market-moving.

The entry records 15 dividend-equivalent units credited at $0, per the filing explanation, resulting in total beneficial ownership of 25,650 shares. Because the acquisition arises from RSU dividend equivalents and involved no cash outlay, it does not reflect an investment decision and is unlikely to affect share supply or demand materially. Investors should note the date of the transaction (09/04/2025) and the filing date (09/08/2025) for disclosure timelines.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Garrett John Robert

(Last) (First) (Middle)

1201 S BECKHAM AVE

(Street)

TYLER TX 75701

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SOUTHSIDE BANCSHARES INC [ SBSI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			COB

3. Date of Earliest Transaction (Month/Day/Year)
09/04/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/04/2025		A		15(1)	A	$0(1)	25,650	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects dividend equivalent rights received pursuant to a cash dividend on RSUs held by the reporting person. Dividend equivalent rights are subject to the same terms and conditions as the underlying RSUs.

Remarks:

	Lindsey Bibby Bailes, attorney in fact	09/08/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Garrett John Robert report on the Form 4 for SBSI?

The filing reports an acquisition on 09/04/2025 of 15 dividend-equivalent rights related to RSUs, resulting in 25,650 shares beneficially owned.

Was any cash paid for the securities reported on this Form 4 (SBSI)?

No. The transaction is reported at a $0 price; the filing states these were dividend-equivalent rights paid on RSUs.

What is the relationship of the reporting person to SBSI?

The reporting person, Garrett John Robert, is listed as a Director and Chairman of the Board (COB).

Who signed the Form 4 and when was it signed?

The form was signed by attorney-in-fact Lindsey Bibby Bailes on 09/08/2025.

Does the Form 4 indicate an open-market purchase or sale?

No. The acquisition is coded as dividend-equivalent rights related to RSUs, not an open-market transaction.